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Earlier this month, former NCUA Chairman and Board Member Michael Fryzel published an opinion piece in this publication where he argued that newly formed credit unions are not a solution for the underserved. 

MADISON, Wis.—Credit unions were paying up in 2020 to keep their executive talent, according to a new Credit Union Executives Society (CUES) study that reveals CUs increased CEO pay at a much higher pace than other businesses, including banks.

WASHINGTON–A bank trade association said that with the number of credit union purchases of banks passing 100, it is “renewing” its call for “policymakers to examine the loophole contributing to these tax-subsidized acquisitions.”

TAMPA, Fla.–USF FCU has selected Dolphin Debit to handle operations of its ATM fleet.

NAIROBI, Kenya–This country’s robust credit union community, known as Savings and Credit Co-operative Societies, or Saccos, hosted representatives from 16 credit unions in Ghana as part of an exchange on how to improve CUs in that country.

ARLINGTON, Va.–NAFCU’s CEO says the group that really needs to “wake up” is the banking industry when it comes to the issue of mergers and acquisitions.